I am looking for advice from those of you who are a landlord. I am looking to rent my current primary residence after we move into a new home in a few months. I am not particularly interested in being a landlord, but have a 3% mortgage rate and do not want to sale. The rent house is just a few blocks from new home.
How do you go about setting rent/cap rate?
How do you market the property for rent?
How do you administer the lease? Do you use a software to send invoices each month?
How about vetting potential renters?
Any other advice?
How do you go about setting rent/cap rate?
How do you market the property for rent?
How do you administer the lease? Do you use a software to send invoices each month?
How about vetting potential renters?
Any other advice?